On signalized intersection along Conway Gardens, GOOD investor opportunity for a gas station/convenient store/small plaza with 3 well paying tenants. On prime location, in an exclusive neighborhood, this SUNOCO branded gas station is located on a street without competition from other fuel station! The first station off of Conway Gardens, with 6000-gallon (2)tanks, 100% environmental compliant, 10000 g gas sales (Vendor is Gate), $30,000 lottery, $45k insides sales with potential to go up $70k if smoke shop is opened. Building is over 4,600 square feet of retail space with a gas station convenience store/ small mini-market and a pet grooming salon and hair salon. Effective year built is 1970. This double sided filling stations have 4 pumps gas (all 3 grades) and 1 pump diesel. Leases convey: including $3500 from Gas Station operator, $1000 from Pet Salon and $1000 from Hair Salon. New AC and new roof on property. Convenience store includes and conveys 1 walk-in standing cooler 10-door cooler, 1 cash register and 2 freezers (ATM, Lotto and inventory don't convey). Tenants on Net Lease. Seller had successfully run a gas station and will assist branding or rebranding at no cost to buyer. CAP RATE approx. 7%. Beautiful Lake behind this property which stands alone and undisturbed on corner intersection. Great Opportunity to buy. Hurry. PLS DON'T APPROACH/DISTURB TENANTS. (Prop tax $5140, Insurance $2000; elec $1200; maintenance of the units by tenants).GAS station lease buyout a possibility.Seller financing ok.
Listing courtesy of KELLER WILLIAMS LEGACY REALTY.
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